1526 West 54th Street

Los Angeles, CA 90062

$798,000
Price
4
Beds
4
Baths
1,977 Sq. Ft.
$404 / Sq. Ft.
1,977
Sq. Ft.
$404
per Sq. Ft.

Description

Explore a fantastic investment opportunity with this craftsman triplex, ideally located in a thriving community on the rise! This property features two front units side by side one with 1 bedroom and 1 bath, and the other with 2 bedrooms and 2 bathrooms. The detached back unit includes 1 bedroom and 1 bathroom, awaiting your renovation touch. Situated in high-demand area that will be central to the 2028 Olympics. This triplex is near schools,USC,BMO stadium, museums downtown LA, shopping centers,...Explore a fantastic investment opportunity with this craftsman triplex, ideally located in a thriving community on the rise! This property features two front units side by side one with 1 bedroom and 1 bath, and the other with 2 bedrooms and 2 bathrooms. The detached back unit includes 1 bedroom and 1 bathroom, awaiting your renovation touch. Situated in high-demand area that will be central to the 2028 Olympics. This triplex is near schools,USC,BMO stadium, museums downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, and major freeways. This property is perfect for those looking to craft their dream home or capitalize on a renovation project. Whether you're an investor or a homeowner ready to make your mark, this triplex offers a canvas for creativity and growth. Don't miss out on this amazing opportunity to transform a property in one of the most desirable cities in the world! Key features- three generously sized units. Each unit offers spacious living areas, providing flexibility for tenants or personal use. RENOVATION READY-Bring your vision to life! This triplex is ready for a makeover, allowing you to customize the interiors to match modern tastes and maximize rental income. FLEXIBLE TENANT OPTIONS-With current tenants in place, the seller is open to relocating them, enabling the buyer to enhance the property's value or create a fresh start.
  1. Listed by Melvin McDonald • DRE #01258257 • Brokerage DRE #01506951 • Glenda Freeman

Property Details for 1526 West 54th Street

Water Front
None
Zoning
LAR2
Parcel Number
5003018008
Total Units
3.0
Living Area
1977
Source Living Area
Assessor
Area
Los Angeles Southwest (C34)
Vacancy Rate
none
LISTING UPDATED: 11/14/2024 12:26 PM

Property Details for 1526 West 54th Street

StatusActive
MLS #24-435915
Days on Market79
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.12 AC / 5,249 SF
CountyLos Angeles County

Building Information for 1526 West 54th Street

Stories-Residences-Year Built1925Building Size-Lot Size0.12 AC / 5,249 SF

Property Information for 1526 West 54th Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Triplex
  • View: No
  • View Description: None
  • View: None
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $24,000
  • Net Operating Income: $.00
  • Gross Income: $24,000
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1205
  • Lot Size Square Feet: 5249
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 3
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Natural Gas
  • Heating Type: Natural Gas
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-05-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $800.00
  • Unit Actual Rent: $800.00
  • Unit Projected Rent: $800.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $16,461.00
  • Assessed Improvement Percent: 41.16
  • Assessed Land Value: $23,530.00
  • Assessed Land Percent: 58.84
  • Assessed Total Value: $39,991.00

Property History for 1526 West 54th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1526 West 54th Street

Taxable ValueLand$24,000Additions$16,790Total$40,790
Tax Record2024$859 ($72 / month)
Home Facts
Total Finished SqFt1,977 SqFtAbove Grade Finished SqFt1,977 SqFtLot Size5,249 SqFtStyleTriplexYear Built1925ZoningLAR2CountyLOS ANGELESAPN5003-018-008

Schools near 1526 West 54th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 6 to 11
Public - 9 to 12
Rating
School
Distance
Budlong Avenue Elementary School
PublicK to 5

Western Avenue Technology Magnet
PublicK to 8

Barack Obama Global Preparation Academy
Public6 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1526 West 54th Street is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on September 3, 2024 by Glenda Freeman, it's currently listed at $798,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Budlong Avenue Elementary School, Western Avenue Technology Magnet and Barack Obama Global Preparation Academy. 1526 West 54th Street is a 4-bed, 4-bath, 1,977 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Glenda Freeman, Melvin McDonald, DRE #01258257

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.